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Old 08-01-2011, 08:41 PM
 
1 posts, read 2,245 times
Reputation: 10

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my landlord is way under water and is walking away (condo) so the finance company will be doing a trustee sale soon.

I spent a lot of money on a built-in kitchen with top of the line appliances...if i take the appliances it will destroy the cabinetry..

if someone buys the place as is (trustee sale) what i am I as a renter allowed to do with upgrades I did.. ??? assuming the new owner does not want to pay me for upgrades)
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Old 08-01-2011, 08:49 PM
 
1,828 posts, read 5,311,975 times
Reputation: 1702
Upgraded a rental home kitchen huh? It probably would have been easier to pile money into a garbage can and light it on fire.
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Old 08-01-2011, 08:52 PM
 
Location: Sunrise
10,864 posts, read 16,986,499 times
Reputation: 9084
Quote:
Originally Posted by Big Bailey View Post
my landlord is way under water and is walking away (condo) so the finance company will be doing a trustee sale soon.

I spent a lot of money on a built-in kitchen with top of the line appliances...if i take the appliances it will destroy the cabinetry..

if someone buys the place as is (trustee sale) what i am I as a renter allowed to do with upgrades I did.. ??? assuming the new owner does not want to pay me for upgrades)

OK, I'll ask it.

Why did you perform pricey upgrades on a house that you do not own?

1) Get professional advice.

2) Try your damnedest to remove everything you own -- so long as you're not breaking the law doing it. Once an improvement is part of the house, it's PART OF THE HOUSE. The landlord owns it, and then the bank owns it. You don't.

For instance, a countertop microwave is not an improvement, but a built-in refrigerator with cabinetry IS.
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Old 08-01-2011, 09:05 PM
 
Location: NW Las Vegas - Lone Mountain
15,756 posts, read 38,187,029 times
Reputation: 2661
Quote:
Originally Posted by Big Bailey View Post
my landlord is way under water and is walking away (condo) so the finance company will be doing a trustee sale soon.

I spent a lot of money on a built-in kitchen with top of the line appliances...if i take the appliances it will destroy the cabinetry..

if someone buys the place as is (trustee sale) what i am I as a renter allowed to do with upgrades I did.. ??? assuming the new owner does not want to pay me for upgrades)
YOu of course have an upgrade agreement with the condo owner right? What does it say?

Standard rule if you don't have such an agreement is you return the place to the state it was in when you got it. Take out the stuff you added and put back the stuff that was there.

Can't do that? No agreeement?

Practically pray you can make a deal with the new owner. You are so far into the rare area you might actually get sued if you remove the upgrades.

Any "professional" will simply opine you can't be that dumb...
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Old 08-01-2011, 10:36 PM
 
Location: Las Vegas
131 posts, read 401,895 times
Reputation: 115
Quote:
Originally Posted by danknee View Post
upgraded a rental home kitchen huh? It probably would have been easier to pile money into a garbage can and light it on fire.
lmao
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Old 08-02-2011, 12:09 AM
 
Location: Paranoid State
13,044 posts, read 13,858,996 times
Reputation: 15839
Quote:
Originally Posted by olecapt View Post
... Any "professional" will simply opine you can't be that dumb...
^^^^ +1 ^^^^^
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Old 08-02-2011, 12:18 AM
 
Location: in a galaxy far far away
19,194 posts, read 16,675,444 times
Reputation: 33316
Quote:
Originally Posted by ScoopLV View Post
OK, I'll ask it.

Why did you perform pricey upgrades on a house that you do not own?

I'm wondering the same thing. Unless there was a trade. Renter improves the place with a rent credit. If not, it's like Dankee's comparison. Money in the garbage.
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Old 08-02-2011, 09:37 AM
 
15,822 posts, read 14,463,105 times
Reputation: 11892
Buy the condo at the forclosure sale? It won't be going for too much.
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